The latest invention of Google is Camera Glasses. Google Glasses consist of the frame like normal glasses we used to wear, but it comprises lots of functions. The new sci-fi glass has a camera and internet access.

Today’s Google’s project has taken a big step towards that reality with the company’s official announcement of ‘Project Glass’. Google marked the occasion by releasing a video, previewing the broad strokes of the concept and how it might work in practice. The gadget was launched with a stunt featuring live feeds from cameras on glasses worn by sky-drives.

As the daredevils jumped from a blimp above San Francisco, people at the launch watched video footage from their perspective. They also watched a live stream from mountain bikers jumped over ramps then riding into the conference room.

The device know as Project Glass, is designed to allow others to see the world through your eyes. As well as a camera, it houses a speaker, microphone, a processor and sensors to give users information on what they are seeing.

Google co-founder Sergy Brin told those as the event:

“This is new technology and we really want you to shape it. We want to get it out into the hands of passionate people as soon as possible.”

In development for more than two years, the project is the brainchild of Google X, its secret facility that also spawned the delf-driving car.

Isabelle Olsson, an engineer on the Glass project said that the company created the glasses for people to interact with the virtual world without distracting them from the physical world. It’s designed to interact closely with your senses, without blocking them.

She said that Google had two broad goals in mind: Communications through images and quick access to information.

The availability of the Google Glasses is not clear yet but according to Google co-founder Sergery Brin said that he ‘expects’ the glasses to be available sometime next year but wasn’t very sure when they’ll be released. So expect the glasses to be released in 2014.

Well, if you are thinking it will be available at cheap rates then stop thinking like that because it’s definitely a high end device with a target price below US $600.